Kaltura reported a successful fourth quarter and full year 2024, marked by record total and subscription revenue, and the highest Adjusted EBITDA since the second quarter of 2020. The company saw growth in gross and net dollar retention rates, and in new bookings for the third consecutive quarter. For the full year, Kaltura achieved record annual subscription revenue, total revenue, Adjusted EBITDA profit, gross margin, and cash flow from operations.
Surpassed guidance for the fourth quarter, delivering record total and subscription revenue.
Achieved the highest Adjusted EBITDA since the second quarter of 2020, fueled by record high gross margin.
Posted sequential and year-over-year growth in gross and net dollar retention rates, and in new bookings for the third quarter in a row.
Ended the year with record ARR and RPO, and positive cash flow from operations for the year, for the first time since 2020.
For the first quarter of 2025, Kaltura expects subscription revenue to grow by 5%-7% year-over-year to between $43.4 million and $44.2 million, total revenue to grow by 2%-4% year-over-year to between $45.7 million and $46.5 million, and Adjusted EBITDA to be in the range of $2.5 million to $3.5 million. For the full year ending December 31, 2025, Kaltura expects subscription revenue to grow by 2%-3% year-over-year to between $170.4 million and $173.4 million, total revenue to grow 1%-2% year-over-year to between $179.9 million and $182.9 million, and Adjusted EBITDA to be in the range of $12.7 million to $14.7 million.
Analyze how earnings announcements historically affect stock price performance